ETF Evaluator: JPMorgan BetaBuilders MSCI US REIT ETF () Follow This ETF

JPMorgan BetaBuilders MSCI US REIT ETF Overview

JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) is a passively managed Sector Equity Real Estate exchange-traded fund (ETF). JPMorgan launched the ETF in 2018.

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI U.S. REIT Custom Capped Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is a free-float adjusted market-cap weighted index designed to measure the performance of U.S. equity real estate investment trust ("REIT") securities. The fund may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index.

About JPMorgan BetaBuilders MSCI US REIT ETF (BBRE)

There are 4 members of the management team with an average tenure of 4.53 years: Michael Loeffler (2018), Nicholas D’Eramo (2018), Todd McEwen (2025) and David Robinson (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI USA NR USD index with a weighting of 100% and MSCI US REIT CUSTOM CAPPED NR USD index with a weighting of 100%. JPMorgan BetaBuilders MSCI US REIT ETF has 106 securities in its portfolio. The top 10 holdings constitute 50.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

JPMorgan BetaBuilders MSCI US REIT ETF is part of the Equity global asset class and is within the Sector Equity ETF group. JPMorgan BetaBuilders MSCI US REIT ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.3% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). JPMorgan BetaBuilders MSCI US REIT ETF has 0.7% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $1 billion average for the Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

BBRE Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JPMorgan BetaBuilders MSCI US REIT ETF expense ratio is low compared to funds in the Real Estate category. JPMorgan BetaBuilders MSCI US REIT ETF has an expense ratio of 0.11%, which is 78% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. JPMorgan BetaBuilders MSCI US REIT ETF has a portfolio turnover rate of 8%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 69% for the Real Estate category.

Recently, in the month of July 2026, JPMorgan BetaBuilders MSCI US REIT ETF returned 2.3%, which earned it a grade of B, as the Real Estate category had an average return of 1.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

JPMorgan BetaBuilders MSCI US REIT ETF has a trailing yield of 2.59%, which is below the 4.13% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

JPMorgan BetaBuilders MSCI US REIT ETF Grades

Year to date, the ETF has returned 20.0%, 5.3 percentage points better than the category, which translates into a grade of A. The fund has returned 24.0% over the past year (grade of A), 11.6% over the past three years (grade of A) and 4.9% per year over the past five years (grade of A).

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